When a customized product is manufactured separately, it is referred to as Job order production.
<h3>
Job Order Production</h3>
- Manufacturing bespoke or distinctive goods for specific clients is known as job order production.
- Because every order or job is a customized order submitted by the customer, job order production is also sometimes referred to as job order manufacturing or bespoke production. Frequently, only one copy of a custom job is made.
- Custom products made in bulk are the focus of many producers. Customers bring designs or products in mind for custom products, which the manufacturer develops and produces.
- Print shops and studios are excellent examples of custom manufacturers. With a design for 100 graduation invitations, a consumer might go to his neighborhood print shop.
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Answer:
281,281.28
Explanation:
expected cost 300,000 + 10,000 = 310,000
with an inerest rate of 10%
discount value equals to 281,281.28
Since the policy with the coinsurance has a <span>coinsurance value of 20%, then, Georgia will be required to pay 20% from the price of the bill.
Since the bill is for 4000$, then the amount to be paid can be calculated as follows:
required payment = (20 / 100) x 4000 = 0.2 x 4000 = 800$</span>
B) the need to rescue “sunset” industries, also if you search “ BUS 345: Chapter 11 MC” on quizlet it will give you all the answers on this!
Answer:
This means that receiving 9000 today is better for us as we will have more at the end of 6 years.
Explanation:
We need to first calculate what is the future value of payments in both scenarios. If we receive $9,000 today and invest it at 10% for 6 years we will have 9000*1.10^6=15,944
If we start reviving cash in 4 annual payments 2 years from now of $3000 we will have to find the future value of each individual payment and add them up.
First payment Future value = 3000*1.10^4=4392 (Money can be invested for 4 years at 10%)
Second payment future value = 3000*1.10^3=3993 (Money can be invested for 3 years at 10%)
Third payment future value = 3000*1.10^2=3630 (Money can be invested for 4 years at 10%)
Fourth payment future value = 3000*1.1=3300
Add them all up = 15315
This means that receiving 9000 today is better for us as we will have more at the end of 6 years.
